# Nidec completes $1.2B acquisition of Emerson units

Nidec has completed its $1.2 billion purchase of Emerson Electric's motors, drives and power generation businesses, including Control Techniques and Leroy-Somer.

- Type: Acquisition
- Announced: 2017-01-20
- Where: India
- Value: $1.20B
- Status: completed
- Products: motors, drives, power generation equipment
- Sectors: [Industrial Machinery](https://endata.com/sectors/industrial-machinery.md), [Automation and Robotics](https://endata.com/sectors/automation-robotics.md), [Power Generation Equipment](https://endata.com/sectors/power-generation-equipment.md)

## Companies

- [Emerson Electric](https://endata.com/companies/654.md) (target)
- [Nidec](https://endata.com/companies/1321.md) (acquirer)
- [Control Techniques](https://endata.com/companies/16694.md) (target)
- [Leroy-Somer](https://endata.com/companies/16695.md) (target)

## Sources

- [intech-net.com](https://www.intech-net.com/nidecemerson-agreement-india-gives-the-go-ahead/), 2017-01-20: "Nidec just received the approval of the Competition Commission of India (CCI) – the highest Indian authority for monitoring competitive practices – for the acquisition of the motors, drives and electric power generation businesses of Emerson Electric."
- [drivesncontrols.com](https://drivesncontrols.com/nidec-completes-1-2bn-takeover-of-emerson-units/), 2017-02-01: "Nidec has completed its $1.2bn purchase of Emerson Electric’s motors, drives and power generation businesses – principally, the Welsh drives-maker Control Techniques and the French motor manufacturer, Leroy-Somer."
- [ceelegalmatters.com](https://ceelegalmatters.com/news/deals-and-cases/kinstellar-advises-nidec-on-acquisition-of-emerson-electric-co-motors/), 2017-02-06: "Kinstellar teams in Bucharest, Budapest, and Prague have worked alongside international counsel Sidley & Austin in advising Nidec...on the acquisition of Leroy-Somer and Control Techniques from Emerson Electric Co. Motors."

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Data from Endata (https://endata.com/). Announcements are summarized from public sources and may be incomplete; check the linked originals.
